An increase in aggregate demand is most likely to result in
a. inflation.
b. recession.
c. economic stagnation.
d. a decrease in real GDP.
a
Economics
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In European terms, when the exchange rate for the U.S. dollar increases:
a. the dollar has appreciated. b. the dollar has depreciated. c. the euro has appreciated. d. the dollar has weakened
Economics
The question of "How are goods and services produced?" most closely addresses which of the following issues?
A) Why are Christmas trees popular only in December? B) Should contractors build residential housing or shopping malls? C) Is income distributed fairly in the United States? D) Should Ford build SUVs or luxury cars? E) Should Ford use expensive industrial robots or inexpensive Mexican autoworkers to produce SUVs?
Economics